Short Interest in Quhuo Limited (NASDAQ:QH) Drops By 14.3%

Quhuo Limited (NASDAQ:QH) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 28,100 shares, a decline of 14.3% from the December 15th total of 32,800 shares. Based on an average trading volume of 73,800 shares, the short-interest ratio is currently 0.4 days.

Quhuo Trading Down 2.2 %

Shares of NASDAQ:QH traded down $0.03 on Friday, hitting $1.32. 10,871 shares of the company’s stock were exchanged, compared to its average volume of 22,426. Quhuo has a 1-year low of $0.25 and a 1-year high of $2.27. The firm’s 50-day moving average is $1.39 and its 200 day moving average is $1.04.

About Quhuo

Quhuo Limited, through its subsidiaries, operates a gig economy platform in the People’s Republic of China. The company offers on-demand delivery solutions focusing on preparing food and deliver of other items, such as grocery and fresh food; and mobility services solutions comprise ride-hailing solutions, shared-bike maintenance, freight service, and vehicle export solutions.